Enable Banking vs Salt Edge Data Aggregation
Enable Banking
enablebanking.comSalt Edge Data Aggregation
saltedge.comSide by side
| Figure | Enable Banking | Salt Edge Data Aggregation |
|---|---|---|
| Price from | — | — |
| Free plan | — | — |
| Free trial | — | Yes |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | — | Yes |
| Android | — | Yes |
| API | Yes | Yes |
| Self-hosted | Yes | — |
| Plans published | 1 | 2 |
| Spec score · Bank Connectivity Software | 8.1 (#9) | 8.0 (#13) |
| Spec score · Financial Data APIs | 8.1 (#8) | 8.0 (#10) |
| Compliance | Enable Banking states that it is ISO/IEC 27001 certified and provides PSD2-compliant access without screen scraping or reverse engineering. | Salt Edge states that it works toward GDPR compliance and is an AISP licensed under PSD2. |
| Coverage | Enable Banking says its API connects to more than 2,700 banks across 30 European countries. | Salt Edge says its open banking data coverage includes Europe, the UK, and beyond. |
| Headquarters | Espoo, Finland | Ottawa, Canada |
| Integrations | Enable Banking provides integrations with bank APIs, with a published list of available integrations in its documentation. | Salt Edge lists pre-integrations with Finastra, Mambu, Temenos, Thought Machine, Tuum, Skaleet and ebankIT among its partnerships. |
| Security | Enable Banking says its information security management system is certified to ISO/IEC 27001:2022. | Salt Edge states that it is ISO 27001 certified and licensed as an AISP under PSD2. |
| Use cases | The company describes use cases including invoicing, automated bookkeeping, credit risk assessment, loyalty programs, onboarding, and payments. | Salt Edge lists financial management, retail banking, lending, accounting and ERP, KYC and AML, and treasury management as use cases. |
Plans
Salt Edge Data Aggregation
- Sandbox / Developer trialFree
- Account Information (Production)Priced on request
In their own words
Enable Banking
Enable Banking has no write-up on Specifiction yet; its figures are above.
Salt Edge Data Aggregation
Salt Edge Data Aggregation gives businesses access to bank information from more than 5,000 institutions worldwide through one API. It brings account details, balances, transactions, account-holder information, categories, and merchant information together in a unified format. Coverage includes Europe, the UK, and financial institutions in over 50 countries. The service supports personal and business debit, credit, investment, savings, loan, and mortgage accounts, with investment data and transaction enrichment available. Connections can use the Salt Edge Connect widget, a custom interface, Direct API, OAuth, web login, or a bank API. The widget can carry a customer’s branding. Use cases listed by Salt Edge include financial management, retail banking, lending, accounting and ERP, KYC and AML, and treasury management. Businesses without their own PSD2 licence can use the Partner Program for aggregated data from over 2,500 EU banks. Production pricing is custom and billed per consented end-user; a 90-day trial is listed, and the sandbox/developer trial is free, billed monthly.